How It Works

Keep every loan in balance and on budget

Reconcile draws to the budget and watch the reserves that protect the loan.
Reconcile every draw to the budget
Rabbet checks each draw request against the budget, so you can confirm what's being requested lines up with what's remaining and the loan stays on budget.
Reconcile every draw to the budget
Flag over-draws before funding
Rabbet flags when a line item or draw is over budget or out of balance, so you catch issues before funds go out.
Flag over-draws before funding
Track interest reserves over the life of the loan
Monitor interest reserves so you know whether the loan has enough to carry through, and project when a reserve will run low.
Track interest reserves over the life of the loan
Verify retainage and cost to complete
Track retainage release and monitor cost to complete, so the budget always reflects what it will take to finish the project.
Verify retainage and cost to complete
Our solution

Monitor loan budgets with confidence

Rabbet keeps each loan reconciled and in balance, so you fund knowing the numbers hold up.

Before Rabbet

After Rabbet

Reconcile each draw to the budget by hand in a spreadsheet.

Reconcile every draw against the budget automatically.

Track interest reserves and retainage across separate files.

Flag over-draws and out-of-balance line items before funding.

Find out a loan is out of balance after the draw is funded.

Monitor reserves and cost to complete in one place.

Explore more

Other foundational features for your success

Construction Loan Capital & Cash-Flow Projections
Forecast disbursement and capital needs across the portfolio, so you see when money goes out and when you'll need it available.
Construction Draw Management Software
Move every draw through flexible approvals and automated covenant checks, whether you're administering commercial loans, consumer loans, or homebuilder revolving lines, so disbursements stay fast and compliant.
Construction Loan Document Management Software
Intake draw documents easily and classify the full range automatically, building a permanent, audit-ready record.